RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KRG
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Stronger technical forecast for Kite Realty Group Trust stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy candidate since Mar 27, 2024 PDF

The Kite Realty Group Trust stock price gained 2.53% on the last trading day (Wednesday, 27th Mar 2024), rising from $20.91 to $21.44. During the last trading day the stock fluctuated 2.20% from a day low at $21.10 to a day high of $21.57. The price has been going up and down for this period, and there has been a 0.7% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 288 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $36.26 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.49% during the next 3 months and, with a 90% probability hold a price between $19.24 and $20.32 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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KRG Signals & Forecast

The Kite Realty Group Trust stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $21.03 and $21.25. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, March 15, 2024, and so far it has risen 3.23%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Kite Realty Group Trust stock

Kite Realty Group Trust finds support from accumulated volume at $21.34 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.465 between high and low, or 2.20%. For the last week the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: $20.33 (-5.19%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (KRG) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Kite Realty Group Trust to open at $21.37, and during the day (based on 14 day Average True Range), to move between $21.03 and $21.85, which gives a possible trading interval of +/-$0.410 (+/-1.91%) up or down from last closing price. If Kite Realty Group Trust takes out the full calculated possible swing range there will be an estimated 3.82% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $21.49 (0.23%) than the support at $21.34 (0.47%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Kite Realty Group Trust stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.444 Buy Candidate Upgraded

Predicted Opening Price for Kite Realty Group Trust of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$21.37 ( 0.334%) $21.44

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KRG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 21.83 1.83 %
R2 21.66 1.01 %
R1 21.55 0.494 %
Current price: 21.44
Support S1 21.19 -1.16 %
S2 21.08 -1.67 %
S3 20.90 -2.50 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 21.89 2.10 %
R2 21.67 1.07 %
R1 21.49 0.233 %
Current price 21.44
Support S1 21.34 -0.466%
S2 21.28 -0.746%
S3 21.18 -1.21%

KRG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 07, 2024 Apr 04, 2024 Apr 12, 2024 $0.250 1.17%
2 Oct 27, 2023 Jan 04, 2024 Jan 12, 2024 $0.250 1.13%
3 Jul 28, 2023 Oct 05, 2023 Oct 13, 2023 $0.240 1.18%
4 Apr 28, 2023 Jul 06, 2023 Jul 14, 2023 $0.240 1.05%
5 Feb 08, 2023 Apr 05, 2023 Apr 14, 2023 $0.240 1.19%

FAQ

What is the symbol for Kite Realty Group Trust Stock and on which exchange is it traded?
The symbol for Kite Realty Group Trust is KRG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Kite Realty Group Trust Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Kite Realty Group Trust Stock?
Kite Realty Group Trust Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kite Realty Group Trust Stock.

What's the current price of Kite Realty Group Trust Stock?
As of the end of day on the 2024-03-27, the price of an Kite Realty Group Trust (KRG) share was $21.44.

What is the 52-week high and low for Kite Realty Group Trust Stock?
The 52-week high for Kite Realty Group Trust Stock is $24.23 and the 52-week low is $19.09.

What is the market capitalization of Kite Realty Group Trust Stock?
As of the 2024-03-27, the market capitalization of Kite Realty Group Trust is 4.589B.

When is the next earnings date for Kite Realty Group Trust?
The upcoming earnings date for Kite Realty Group Trust is Apr 30, 2024.
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